October 3, 2008

MAHANAGAR TELEPHONE: Contesting CIT Taxes on Fund Contributions

COMPANIES: Mahanagar Telephone Nigam Ltd
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Mahanagar Telephone Nigam Ltd. is contesting the additional income tax demanded by the Central Income Tax Authority of India relating to the General Provident Fund contributions.

General Provident Fund is a scheme applicable to the Company’s employees who have opted for…

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